Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HCAT held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Kentucky Farm Bureau Mutual Insurance Co | 20K | $694.0M | β | 0.027% | 0.02% |
| 2 | First Light Asset Management, LLC | 12.9M | $16.4M | -0.3% | 17.429% | 1.47% |
| 3 | CDC Financial, Inc. | 6.3M | $8.0M | +57.6% | 8.535% | 5.94% |
| 4 | Whetstone Capital Advisors, LLC | 5.8M | $7.3M | +54.2% | 7.826% | 2.55% |
| 5 | BlackRock, Inc. | 5.1M | $6.5M | -1.1% | 6.953% | 0.00% |
| 6 | Palogic Value Management, L.P. | 2.9M | $3.7M | +128.1% | 3.920% | 1.63% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 2.9M | $3.7M | β | 3.905% | 0.00% |
| 8 | Impax Asset Management Group plc | 2.8M | $3.5M | 0.0% | 3.721% | 0.02% |
| 9 | Caption Management, LLC | 2.5M | $3.1M | β | 3.345% | 0.03% |
| 10 | Nepsis, Inc. | 1.9M | $2.4M | -2.1% | 2.539% | 0.80% |
| 11 | GEODE CAPITAL MANAGEMENT, LLC | 1.5M | $1.9M | -10.0% | 2.032% | 0.00% |
| 12 | STATE STREET CORP | 1.3M | $1.7M | -0.2% | 1.793% | 0.00% |
| 13 | DIMENSIONAL FUND ADVISORS LP | 1.2M | $1.6M | -24.8% | 1.671% | 0.00% |
| 14 | HighMark Wealth Management LLC | 903K | $1.1M | +21.8% | 1.222% | 0.46% |
| 15 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 711K | $903K | +126.9% | 0.962% | 0.09% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 607K | $771K | +10.9% | 0.821% | 0.00% |
| 17 | AQR CAPITAL MANAGEMENT LLC | 543K | $690K | +539.6% | 0.735% | 0.00% |
| 18 | VANGUARD PORTFOLIO MANAGEMENT LLC | 531K | $674K | β | 0.719% | 0.00% |
| 19 | MARTIN & CO INC /TN/ | 526K | $668K | +2.5% | 0.712% | 0.11% |
| 20 | KENNEDY CAPITAL MANAGEMENT, INC. | 510K | $647K | -47.2% | 0.690% | 0.01% |
| 21 | NORTHERN TRUST CORP | 494K | $627K | +3.7% | 0.668% | 0.00% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 444K | $563K | β | 0.600% | 0.00% |
| 23 | GOLDMAN SACHS GROUP INC | 387K | $492K | +22.2% | 0.524% | 0.00% |
| 24 | Baird Financial Group, Inc. | 370K | $470K | -25.0% | 0.501% | 0.00% |
| 25 | FMR LLC | 367K | $467K | +5.4% | 0.497% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in HCAT β a direct measure of their conviction.
Filings activity in HCAT during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new HCAT position in Q1 2026
Institutions that fully closed their HCAT position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 129 | 3.7% | 199.99% | +105.66 pp | $768M | +495% |
| Q4 2025 | 134 | 4.3% | 94.33% | 15.85 pp | $129M | 14% |
| Q3 2025 | 140 | 4.1% | 110.18% | 34.42 pp | $151M | 24% |
| Q2 2025 | 146 | 11% | 144.60% | 22.08 pp | $198M | 13% |
| Q1 2025 | 164 | 0.6% | 166.68% | 33.31 pp | $228M | 38% |
| Q4 2024 | 165 | +4.4% | 199.99% | +0.00 pp | $368M | 11% |
| Q3 2024 | 158 | 0.6% | 199.99% | +0.00 pp | $412M | +31% |
| Q2 2024 | 159 | β | 199.99% | β | $314M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HCAT stock.
Based on Q1 2026 13F filings, institutional ownership of Health Catalyst, Inc. stands at 200.0%, held across 129 reporting institutions.
Kentucky Farm Bureau Mutual Insurance Co is the largest reported institutional holder of HCAT, with approximately 20,000 shares worth $0.69B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of HCAT.
Our composite Smart Money Score for HCAT is 42 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
33 institutions opened new positions in HCAT during Q1 2026, while 38 fully exited. 18 added to existing positions and 76 trimmed.
HCAT institutional ownership rose by 105.66 percentage points quarter-over-quarter, with a net change of -5 holders.
The top 10 institutions account for 97.5% of all reported 13F value in HCAT, and the top 25 account for 99.2%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Health Catalyst, Inc. (HCAT) Institutional Ownership